NPCI likely to grant TRAP licencse to Paytm: Report
Mar 13, 2024, at 05:55 am
New Delhi: The National Payments Corp of India (NPCI) is expected to grant a third-party application provider (TPAP) license to Paytm, previously known as One 97 Communications, by March 15, media reports said.
UPI transactions in Dec 2023 touch Rs 17.4 lakh cr: RBI Bulletin
Dec 21, 2023, at 04:48 am
Mumbai: The UPI transactions reached a cumulative value of Rs 17.4 lakh crore in December 2023 according to the Reserve Bank of India's monthly bulletin.
27th GST council meeting discusses change in GST rate for digital transactions
May 05, 2018, at 05:39 am
New Delhi, May 4 (IBNS): The Goods and Services Tax Council on Friday discussed in detail the proposal of a concession of 2% in GST rate [where the GST rate is 3% or more, 1% each from applicable CGST and SGST rates] on B2C supplies, for which payment is made through cheque or digital mode, subject to a ceiling of Rs. 100 per transaction, so as to incentivise promotion of digital payment.